Created on Friday, 10 December 2010 18:29
Quants are the math wizards and computer programmers in the engine room of our global financial system, who designed the financial products that almost crashed Wall st. The credit crunch showed how the global financial system has become increasingly dependent on mathematical models trying to quantify human (economic) behavior.
Now the quants are at the heart of yet another technological revolution in finance: trading at the speed of light.
What are the risks of treating the economy and its markets as a complex machine? Will Wall Street be able to keep control of this model-based financial system or has it created a monster?
Other Articles On Be Brilliant COVID-19, CHIMERICA and The Dollar Bubble Who’s Got God’s Millions? Four Horsemen We’re Not Broke The Party’s Over: How The West Went Bust US Economy Special Drive: The Surprising Truth About What Motivates Us The European Debt Crisis Explained An Inconvenient Death Capitalism Is The Crisis: Radical Politics in the Age of Austerity Theft By Deception – Deciphering The Federal Income Tax Of The US Mind Over Money: Can Markets Be Rational When People Are Not? DebtOcracy The City Uncovered Quantitative Easing For Dummies The US Economy For Dummies Money, The Federal Reserve and You The Dollar Bubble Bank Bailouts For Dummies Melt Up: The Beginning Of A US Currency Crisis And Hyperinflation I.O.U.S.A – One Nation, Under Debt Super Rich: The Greed Game Fiat Empire The Day The Dollar Falls Money, Banking and the Federal Reserve Money As Debt Breaking The Bank A Short and Simple Explanation of The Credit Crisis The Federal Reserve Is Paying Banks NOT To Make Loans Fed Copies Weimar Hyperinflation The Ascent of Money – “Chimerica” Peter Schiff On Glenn Beck: Inflation Nation Bigger Than Enron ENRON – The Smartest Guys In The Room South Park’s Short and Simple Story of the Credit Crisis Peter Schiff Comments Peter Schiff – Why The Meltdown Should Have Surprised No One Bird & Fortune – Subprime Crisis Sketch The Fabulous Life Of Billion Dollar Wall Street Ballers The Money Masters Meltdown – The Global Financial Crisis of 2008 The US Government Shutdown vs The US Breaching The Debt Ceiling All Roads Lead to Goldman Sachs Kymatica David Icke Live at Wembley Arena (2014) – Awaken The Truth About The Van Allen Radiation Belts Overcoming The Myth of Authority Jon Rappoport – Making Your Work Known In The World A Question Of Eligibility – Challenging ObamaTo Produce Proof Of His Qualifications For Office Tsai Chih Chung – Zen Speaks Introduction from Be Brilliant’s Frontpage, as per 17 March 2020 David Icke – Secrets Of The Matrix The End Of The Line The HeartMath Experience – Ease Stress Overload and Increase Your Resilience Stargazing: A Graphic Guide To The Universe Jessica Murray, Soul-Sick Nation 2015 – Food For Thought Occupation 101 When Seeing and Hearing Isn’t Believing Forecasting Space Weather An Example Of Propaganda – Obama Commercial No Evidence Of A Plane At The Pentagon (Part 1) David Whitehead/Truth Warrior at the Free Your Mind Conference (2016 and 2017) Jim Marrs – Rule by Secrecy: The Hidden History That Connects the Trilateral Commission, the Freemasons, and the Great Pyramids THRIVE II: This Is What It Takes Hacking Democracy The Business of War: How Federal And Private Military Contractors Profit From War The Tao of Physics: An Exploration Of The Parallels Between Modern Physics And Eastern Mysticism Irene Fogel Weiss – Surviving The Holocaust The World According to Monsanto Edward Bernays – Propaganda Land Of Osiris ZERO : An Investigation Into 9/11 Blood and Oil: The Middle East in World War I One-Third Of Troops Turning Down COVID Vaccine, Pentagon Officials Say ISIS: Made in the USA Cults Of Death And Power or How To Unplug Yourself From The COVID-19 Brainwash Program The 5G Wi-Fry of Earth The Great Reset to the Robot Planet Lou Dobbs Reports “Obama setting up for the New World Order” Climate Engineering, Weather Warfare and The Collapse Of Civilization Mona Lisa: Da Vinci’s Use Of Sacred Geometry Islam: What The West Needs To Know The Secret Government Alex Jones’ Police State 4: The Rise of FEMA Hijacking Humanity I AM Face Masks and Social Distancing? This Is What The Psychopaths Do When They Think No One’s Looking Bruce Lipton PhD: The Power Of Consciousness and the Biology of Belief Top pathologist Dr. Roger Hodkinson calls COVID-19 The Greatest Hoax Ever Perpetrated on an Unsuspecting Public Annie Jacobsen – Operation Paperclip Quote From The Alchemist by Paulo Coelho ATOM 10 Signs Of A False Flag Operation Clash Of Worlds – Palestine Hua Ching Ni – I Ching: The Book Of Changes And The Unchanging Truth The Great Depression Part 5 of 7 – Mean Things Happening Crude Impact Friedrich Nietzsche – Thus Spake Zarathustra Inside Bohemian Grove